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Business

Published:Wednesday | March 9, 2011 | 12:00 AM

The three shareholders of regional airline LIAT on Monday gave the company's management the green light to upgrade its ageing fleet and expand its routes. Chairman of the LIAT Share-holder Prime Ministers, Dr Ralph Gonsalves of St Vincent...

Published:Wednesday | March 9, 2011 | 12:00 AM

Executives of two Jamaican firms that do business in Haiti gave their unqualified backing Tuesday to others to join them, saying that not only are there opportunities in Jamaica's close north-eastern neighbour but that potential business partners...

Published:Wednesday | March 9, 2011 | 12:00 AM

The 1970s soul group The Stylistics encapsulated an eternal 'truth' in the six immortal words titling one of their hits: people make the world go round.More than anything else, the quality ...

Published:Wednesday | March 9, 2011 | 12:00 AM

The Jamaica National Building Society (JNBS), the island's largest mortgage company, said it will be cutting loan rates, currently ranging between 14 and 18 per cent, to stimulate its portfolio, but it has not disclosed...

Published:Wednesday | March 9, 2011 | 12:00 AM

Greece raised €1.625 billion (US$2.28 billion) in an auction of Treasury bills Tuesday, though the higher interest rate it has to pay showed investor unease a day after the country's credit rating was downgraded sharply.

Published:Wednesday | March 9, 2011 | 12:00 AM

Ford Motor Company, which turned its biggest profit in more than a decade last year, has rewarded CEO Alan Mulally with stock worth US$56.5 million before taxes.The man who hired Mulally, Executive Chairman Bill Ford Jr, also got stock worth US$42.4...

Published:Wednesday | March 9, 2011 | 12:00 AM

The Haitian government has pledged US$3 million to kick-start a Caribbean Community (CARICOM) fund which the regional private sector will be able to tap for loans for investments in Haiti. While the broad outlines of the fund have been sketched...

Published:Wednesday | March 9, 2011 | 12:00 AM

A Bangladeshi court upheld on Tuesday the government's dismissal of Nobel laureate Muhammad Yunus from the microfinance bank he founded to lift many out of poverty. Yunus will appeal the ruling to the country's highest court, the last legal option...

Published:Wednesday | March 9, 2011 | 12:00 AM

Doreen Frankson has always been a manufacturer. So, it came as no surprise that in 1991 when she wanted to start a new business, she chose to, in her words, "make something"...

Published:Wednesday | March 9, 2011 | 12:00 AM

LIME Jamaica has committed financial backing for a new pension plan for 21,000 taxi operators who fall under the umbrella National Council of Taxi Associations (NCTA).Sagicor Life Jamaica will manage the fund. The pension plan is part of an arrangement...

Published:Wednesday | March 9, 2011 | 12:00 AM

Oil Prices retreated Tuesday as OPEC ministers discussed whether to ramp up oil production in the wake of the Libyan uprising.Benchmark West Texas Intermediate crude for April delivery fell 55 cents to US$104.89 per barrel at mid-afternoon on Tuesday....

Published:Wednesday | March 9, 2011 | 12:00 AM

Keith Foote, operator of the former Little Pub Hotel and Restaurant in Ocho Rios, St Ann, testified Tuesday that he was forced to hand over his penthouse apartment to FINSAC and was scoffed at when he appealed for debt forgiveness...

Published:Tuesday | March 8, 2011 | 12:00 AM

The Ministry of Agriculture and Fisheries' farmers' market got off to a good start last Friday on the grounds of the All-Island Banana Growers' Association in Trinity, Port Maria, St Mary. The event attracted scores of customers who turned out...

Published:Tuesday | March 8, 2011 | 12:00 AM

The Government is considering major taxation changes as part of a menu of measures being designed to stimulate production in the next fiscal year.Last Friday, a special Cabinet...

Published:Tuesday | March 8, 2011 | 12:00 AM

Oil prices continued to set new post-recession highs Monday as forces loyal to Moammar Gadhafi pounded rebels near a key oil port in Libya.It's unclear how long the country's oil exports will be cut off, and traders...

Published:Tuesday | March 8, 2011 | 12:00 AM

Saga Pearl II made its maiden visit to the Errol Flynn Marina, Port Antonio with approximately 645 passengers/crew on Tuesday, March 1...

Published:Tuesday | March 8, 2011 | 12:00 AM

Chevron fuel attendants at the V.C. Bird International Airport in Antigua stayed off the job Monday, the third consecutive day, to press their demands for severance payments...

Published:Tuesday | March 8, 2011 | 12:00 AM

Mexico's state-owned oil company has announced the first of a new sort of oil exploration and production contract that allows greater private involvement in the tightly controlled sector.

Published:Monday | March 7, 2011 | 12:00 AM

The Gleaner's Editors' Fourm is celebrating its 10th year and it has company. The Financial Services Commission (FSC), the integrated financial-sector regulator charged with protecting investors and promoting transparency in securities...

Published:Monday | March 7, 2011 | 12:00 AM

Supreme Ventures Limited (SVL) is pleased to partner with The Gleaner in the production of the Editors' Forum 10th anniversary magazine. The synergy is probably prophetic, as SVL will this year also celebrate...

Published:Monday | March 7, 2011 | 12:00 AM

The mind is one of the most powerful tools a human being possesses. It is the area wherein we encounter our daily battles, and, when we overcome those battles, there is great success!

Published:Monday | March 7, 2011 | 12:00 AM

There are signals of renewed interest from buyers of Jamaican Blue Mountain Coffee in Japan and indications of interest in new markets in the United States and Europe, Norman Grant, managing director of the Mavis Bank Coffee Factory (MBCF), said....

Published:Monday | March 7, 2011 | 12:00 AM

Scotiabank decided to contribute to the 10th anniversary of The Gleaner's Editors' Forum as the forum has proven to be a very successful initiative...

Published:Monday | March 7, 2011 | 12:00 AM

THIEVES targeting laptops and other electronic equipment left in parked cars in the Liguanea commercial district of St Andrew, have led to a ramping up of security personnel at locations including the popular Sovereign Centre.This is the second time...

Published:Sunday | March 6, 2011 | 12:00 AM

A corner block of shop space at Tropical Plaza in Kingston has tested a number of businesses that need expansive operating space. The last three of these were supermarkets and a furniture store.

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